Chevrolet also confirmed that the Bolt will be developed with two goals in mind. A 200-mile all-electric range and a $30,000 price tag. While the production vehicle will share the concept's name, don't expect them to look exactly the same. The production version will most likely undergo some styling and functional changes before it goes on sale.
The Bolt will be produced Michigan at the Orion Assembly facility. The company simultaneously announced a $200-million investment to get ready for Bolt production. Orion will receive $160-million for tooling and equipment while Pontiac Metal Center Facilities will receive $40-million for new dies. The Bolt will be produced at the same facility that currently produces the Buick Verano and Chevrolet Spark
Chevrolet has not yet announced a model year or on sale target for the Bolt.
General Motors Says
Leveraging the industry-leading battery technology found in the Chevrolet Volt and Spark EV, the Bolt EV concept was developed as a game-changing, long-range pure electric for all 50 states, designed to offer more than a GM-estimated 200 miles of range at a target price of around $30,000.